Manufacturing Jobs Slip in Mexico

Updated April 29, 2002 12:01 a.m. ET

Mexico's manufacturing sector continued to shed jobs in February, but real wages rose by the smallest monthly increase in 10 months. The National Statistics Institute said Friday that manufacturing employment fell by 6.5% in February in annualized terms. Seasonally adjusted, employment fell by 0.4% in February from January. However, salaries rose by only 3.3% in February in real terms, down from the 5.1% increase reported in January and the 9.8% rise in...